Triple S Communications Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06926058 (England and Wales)

Financial Statements for the Year Ended 30 April 2017

for

TRIPLE S COMMUNICATIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr K L Shepherd

Mr P Stretford

Mr B S Shepherd

Mr C H Shepherd

REGISTERED OFFICE:

Great Oak Farm Offices

Mag Lane

Lymm

Cheshire

WA13 0TF

REGISTERED NUMBER:

06926058 (England and Wales)

AUDITORS:

Hale Financial Limited

Chartered Accountants

Registered Auditors

Spring Court

Spring Road

Hale

Altrincham

Cheshire

WA14 2UQ

CURRENT ASSETS

Debtors

4

9,426

1

Cash at bank

29,310

-

38,736

1

CREDITORS

Amounts falling due within one year

5

72,369

-

NET CURRENT (LIABILITIES)/ASSETS

(33,633

)

1

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,633

)

1

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(33,634

)

-

SHAREHOLDERS' FUNDS

(33,633

)

1

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 26 January 2018 and were signed on its behalf by:

Mr P Stretford - Director

1.	STATUTORY INFORMATION

Triple S Communications Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

With the support of other group companies, Triple S Golf Management Limited has access to considerable cash resources.

As a consequence, the directors believe that the company is well placed to manage its business risks successfully despite the

current uncertain economic outlook. After making enquiries, the directors have a reasonable expectation that the company

has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt

the going concern basis in preparing the annual report and accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - NIL ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

9,000

-

Amounts owed by group undertakings

1

1

Other debtors

425

-

9,426

1

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

550

-

Amounts owed to group undertakings

61,319

-

Taxation and social security

9,000

-

Other creditors

1,500

-

72,369

-

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Fariborz Minaeian (Senior Statutory Auditor)

for and on behalf of Hale Financial Limited

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are W F Shepherd and B S Shepherd by virtue of their majority shareholding in Shepherd

Offshore Group Limited.